Category: Uncategorized

CEC Bank is the project’s main banking partner, providing the necessary bank financing alongside European funds and contributions from the cooperative’s members. The new facility will have a processing capacity of 600 tonnes of oilseeds per day and is designed to become one of the most modern and efficient oil processing units in the region.…

Luca Niculescu plans to sketch out his governing strategy and the composition of the cabinet only after the consultations, Economica.net reported. Niculescu faces the difficult task of finding common ground between radically different economic visions: the Social Democrats favour wage-led growth with limited, if any, streamlining of the state sector, while the centre-right PNL and…

This October, Sass’ Restaurant & Lounge at Corinthia Bucharest introduces Sass’ Signature Wine Dinners, a new series built around remarkable estates, considered pairings and evenings designed to unfold at their own pace. The first edition is dedicated to Antinori, one of Italy’s most iconic wine names. On Wednesday, 14 October, from 19:30, guests are invited…

The arrears stem from salary increases granted to some magistrates through court decisions. The Constitutional Court’s ruling means that the underlying litigation, involving more than EUR 1 billion, will continue before the courts. On May 5, the Bucharest Court of Appeal admitted the ICCJ’s request to oblige the government to pay the amounts. The government…

The agreement was concluded with the French Directorate General for Armaments (DGA) under the European Commission’s Security Action for Europe (SAFE) initiative. “We are honoured that Romania has chosen the H225M to strengthen its defence capabilities. This selection will also bolster Romania’s industrial capabilities through our long-term partnership with IAR, Romania’s sole helicopter manufacturer,” said Matthieu…

Tools based on artificial intelligence are becoming the go-to problem-solvers for employees whenever a problem arises, according to the MKOR study “AI Adoption Report Romania 2026.” Roughly 1 in 5 employees (22%) ask an AI first, rather than a team colleague or direct manager. When they do not know how to solve a work task,…

Prosecutors with the Directorate for Investigating Organized Crime and Terrorism (DIICOT) announced on Wednesday, October 7, that they had seized several bank accounts opened in Călin Georgescu’s name. It is not yet clear how many bank accounts were seized, but Digi24 sources referred to seven accounts holding roughly EUR 100,000. Georgescu, 64, is being investigated…

A high-voltage power line that will connect Romania and the Republic of Moldova is set to bear the name of United States president Donald Trump, the US embassy in Chisinau ‌said on Monday, October 5. The Strășeni-Gutinaș power line, backed by a USD 130 million US ⁠government investment, would strengthen Moldova’s energy security ​and independence,…

Bucharest Photofest returns from October 9 to 18 with more than 200 artists and 40 events across ten venues in the Romanian capital. This year’s theme, “Witness,” explores photography as a form of social and cultural engagement. The programme includes work documenting the siege of Mariupol by Ukrainian photographer Evgeniy Maloletka, the human experience of…

Real estate transactions accounted for 16.4% of Romania’s total foreign direct investment stock at the end of 2025, up from 16% a year earlier, according to National Bank of Romania data analysed by Cushman & Wakefield Echinox. The sector ranked second behind manufacturing, which held EUR 35.7 billion in foreign capital, equivalent to 26.5% of…